2005 Ratemaking Seminar


Exhibitor Information
The CAS wishes to thank the following organizations for their generous support of the 2005 Seminar on Ratemaking. Please take a few moments to visit the exhibitors at Preservation Hall Foyer located on the second floor of the hotel.


Click here for more on EMB.
EMB is a worldwide actuarial consulting firm that is recognized as a leader and innovator in the field of predictive modeling. In addition to offering first-rate consulting, we are a market leader with respect to actuarial software. Our software includes:
  • EMBLEM: a state-of-the art generalized linear modeling (GLM) tool
  • IGLOO: a financial simulation engine for risk modeling
  • ResQ: a market leading loss reserving tool.

Please come by our booth to learn more about how we can help you via our consulting services or our market leading software.

Serhat Guven, Tom Hettinger, and Geoff Werner will be attending the Seminar on Ratemaking on behalf of EMB America LLC.


Click here for more on Milliman.
Hundreds of insurance professionals around the world rely on our actuarial software solutions for the accurate loss information they need to make strategic and timely business decisions. Our actuarial experience coupled with our data and systems development expertise allow us to provide a full range of solutions, from basic analysis tools to reengineering the entire process for managing and analyzing data.
  • ReservePro and Affinity give you what you need most-more time and options for analysis. They eliminate tedious number crunching and reduce review time. Take advantage of a full spectrum of projection methods and cash flow reports, along with the flexibility to build your own, and finish up to four times faster than with "homegrown" spreadsheets.
  • ReservePro Enterprise, our newest solution, combines automation capabilities, analysis tools, and a company-wide loss database, to streamline your entire department. In addition to the software itself, our industry specialists will help you develop a rich data mart of your company's loss, claim, LAE, premium, and exposure data, coordinated with all the related source systems throughout the company. The resulting solution provides you immediate access to all the information you need, when you need it.
  • Our TriangleMaker system puts you in control of aggregating your data for analysis. You can segment, limit, and roll up your triangles however and whenever you want-no more waiting on the IT department.

Come see how our new solutions can change the way you work.

David Appel, Tom Duffy, Katherine Houlihan, Charles Mitchell, Jason Russ and Stephen Urbrock will be attending the Seminar on Ratemaking on behalf of Milliman.


Click here for more on National Organization for Women (NOW).
In ratemaking for automobile insurance, good risk theory provides the competitive edge for predictive correlations. The National Organization for Women (NOW) exhibit features alternative theoretical explanations 1) for the inverse correlation of claim rates with credit scores, and 2) for the direct correlation of future claim rates with past accident involvements. The exhibit also provides copies of relevant publications (also available at www.centspermilenow.org) including:


  • "Proof That Auto Insurance Rating by Accident Record Predicts Miles not Negligence: Fault is Predicatively Irrelevant," P. Butler. Western Risk and Ins. Assoc., Ann. Meeting Jan. 2005.
  • "Operation of an Audited Mile/Year Automobile Insurance System Under Pennsylvania Law," P. Butler, Casualty Actuarial Society Forum, Summer 1993

Patrick Butler will be at the Seminar on Ratemaking on behalf of NOW.


Pinnacle Actuarial Resources, Inc.
Pinnacle Actuarial Resources, Inc. offers actuarial and management consulting. Products include RateMapper™ and Summit™. Pinnacle Actuarial Resources, Inc., an independent actuarial and management consulting firm, is recognized as the leader in automobile and homeowners pricing, underwriting and marketing. We are also leading the way in commercial pricing, and the development of both financial risk management models and multivariate analysis techniques.

Jeff Kucera, Steve Lehmann, Roosevelt Mosley and Rob Walling will be attending the Seminar on Ratemaking on behalf of Pinnacle Actuarial Resources, Inc.


Watson Wyatt Worldwide
Watson Wyatt's Insurance & Financial Services practice offers a range of P&C consulting services and state-of-the-art software solutions. We have assisted many clients worldwide in investigating and developing rating structures using statistical methods and practical knowledge.

Watson Wyatt Pretium® software delivers powerful multivariate modeling capabilities. Its custom-built GLM routine analyzes how claim costs and policyholder retention and conversion are affected by rating variables and other characteristics. Pretium can then combine these analyses to assist in optimizing rate changes in line with a company's strategic objectives. It also offers spatial analysis and geographic mapping capabilities. Pretium has over 300 users across 29 countries, including the US and Canada. More information can be found at www.watsonwyatt.com/pretium

Duncan Anderson, Pascal Gonzalvez, Claudine Modlin, John Rollins, and James Tanser will be attending the Seminar on Ratemaking on behalf of Watson Wyatt Worldwide.


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